Underlying Assumptions a) The purpose of the PAR Program is assistance, not evaluation. The role of the Consulting Teacher and the Joint Panel is to provide assistance, not to evaluate teachers.
b) It continues to be the District's responsibility and authority to evaluate. The PAR Program does not provide for a "second opinion" in teachers evaluations.
c) The District will establish the annual budget for PAR.
d) The Joint Panel ensures that the process is followed; it does not judge, evaluate, or render decisions on individual cases.
e) The priority for the PAR Program is first for referred classroom teachers with an unsatisfactory evaluation and second for voluntary classroom teachers.
f) A stipend and/or release time for the Joint Panel Members and/or Consulting Teachers may be provided based upon budget guidelines established by the Joint Panel.
g) Absence for participating in the PAR Program should have as little impact as possible on the classroom.
Underlying Assumptions. The Company has based its proforma financial statements on the following: Titan Roof Tiles, Inc. will settle most short term payables at the end of the month. The Parent Company will inject $847,000 of capital into the business to launch operations. The Company will have an average annual growth rate of 70% per year.
Underlying Assumptions. A forecast of the financial impact that the proposed value limitation will have on SBISD’s future revenue is critical information that will be very useful to the district when making the decision to grant the limitation and for the district’s long range financial planning process. Analysis for this application covers the 2021-22 through the 2036-37 school years. The Revenue Protection Clause of the proposed agreement calls for the school district to be held harmless against any potential state and local maintenance and operation revenue losses as a result of the value limitation agreement. Revenue protection calculations are to be made using whatever property tax laws and school funding formulas are in place at that time in years one through ten of the agreement. This stipulation is a statutory requirement under Section 313.027 of the Tax Code. The approach used in this report was to predict 16 years of base data including average daily attendance, M&O and I&S tax rates, maintenance and operation (M&O) tax collections and current year (CAD) values and prior year (CPTD) values for each year of the agreement. For the purposes of this analysis, final 2018 CPTD values were used as well as 2019 CAD values from Xxxxxxx and Xxxxxxxx County CAD (Central Appraisal District). These values have been included in the base data illustrated in Table 1. To isolate the impact of the value limitation on the District’s finances over this 16 year agreement, average daily attendance and maintenance and operation tax rates were held constant at levels that were projected to exist in the 2019-20 school year. An ADA of 217.214, a WADA of 398.261 and a 2019 M&O tax rate of $1.17, compressed to $1.0684 under HB 3, were used for each year of the forecast. A tax collection rate of 100% is assumed in all of the calculations used in this analysis. The Xxxxxxx and Xxxxxxxx CAD certified value for 2019 was used as the 2019 CAD value. This value was used as the basis for subsequent current year (CAD) values in this report. The final 2018 T1, T2, T3 and T4 Comptroller Property Tax Division (CPTD) values, certified to school districts in late July, 2019, were used as a basis for predicting prior year (CPTD) values for each of the agreement years. The proposed agreement calls for Sulphur Bluff ISD to be held harmless against potential state and local revenue losses that might occur as a result of the value limitation being in effect for any given year of the agreement. In order to predict wh...
Underlying Assumptions. The Manufacturing Fees set forth herein are based upon the following key assumptions:
(i) The Manufacturing Fees include all labor and Material costs incurred by Baxter (it being understood that Baxter shall incur no costs in connection with the Bulk Active or any other materials, such as package inserts, provided by Guilford) and excludes all applicable sales and value added taxes.
(ii) In the event either Guilford or Baxter shall desire to make any change in any label for the Product (including without limitation the bag label, the intermediate carton label and the case label) during the term of this Agreement, the parties shall meet to negotiate the additional costs to be incurred by Baxter, which costs shall be allocated between Guilford and Baxter as set forth in this Section 4.3(ii). With respect to label changes by Guilford, including both discretionary changes and changes required by the FDA or Applicable Law, Guilford may request, and Baxter shall implement *. If Guilford shall request (or shall be required by the FDA or Applicable Law to implement) *, the parties shall meet to negotiate in good faith the additional costs to be incurred by Baxter in connection with such changes, which costs shall be invoiced separately by Baxter to Guilford, and Guilford will pay such amount to Baxter within * of invoicing by Baxter. With respect to label changes by Baxter, including both discretionary changes and changes required by the FDA or Applicable Law, Baxter shall bear the cost of such changes.
(iii) testing is utilized throughout the Territory. * testing, if required, shall be separately paid for by Guilford as set forth in the Quality Agreement.
Underlying Assumptions. The Company has based its proforma financial statements on the following: Drone Shop, Inc. will have an annual revenue growth rate of 8% per year. The Owner will acquire $100,000 of debt funds to develop the business. The loan will have a 10 year term with a 9% interest rate.
Underlying Assumptions. The Company has based its proforma financial statements on the following: C2Me Website will have an annual revenue growth rate of 45% per year. The Owner will acquire $175,000 of debt funds to develop the business. The loan will have a 10 year term with a 9% interest rate.
Underlying Assumptions. The Company has based its proforma financial statements on the following: • Accounts receivables will not impact the Company’s cash flow as all transactions are backed at the time products are delivered. • Real Man Design, Inc. anticipates that its growth rate will be 61% per year during the first five years of operation. • Management will acquire $250,000 of capital in order to commence revenue generating operations.
Underlying Assumptions. The Company will acquire $3,200,000 of equity funds to develop the business. The Company will sell equity interest in the business in exchange for the required capital sought in this business plan. Green Earth Partners, LLC. will have an annual revenue growth rate of approximately 20% per year.
Underlying Assumptions. The Company has based its proforma financial statements on the following: The Computer Repair Service will have an annual revenue growth rate of 16% per year. The Owner will acquire $100,000 of debt funds to develop the business. The loan will have a 10 year term with a 9% interest rate.
Underlying Assumptions. The Company has based its proforma financial statements on the following: • Xxxxxxxxx, LLC through its Auntie Anne’s franchise will achieve an annual growth rate of approximately 5 % per store. • Management shall settle all short term payables at the end of each month. • Management will acquire $184,000 of debt financing for the development of his retail pretzel store.
